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Asia's largest PVC paste resin plant put into operation

After two years of intensive technological upgrades, Shenyang Chemical Group, a subsidiary of China National Bluestar (Group) Corporation, completed a 100,000-ton-per-year PVC paste resin production facility at the end of last year. The facility is now fully operational, meeting strict industry standards and producing high-quality products. It has become the largest PVC paste resin production unit in Asia. This achievement marks a significant milestone in the company's development and strengthens Bluestar Chemicals' new materials industry chain. The expansion project significantly increased the original 50,000-ton annual capacity of PVC paste resin. In the new project, Shenyang Chemical Group introduced advanced technologies such as a novel half-pipe cooling polymerizer, membrane separation systems for gas recovery, and advanced atomizers. These innovations not only improved efficiency but also ensured low operating costs from the start, providing a solid foundation for capturing both domestic and international market opportunities. As the first domestic company to introduce foreign PVC paste resin technology, Shenyang Chemical Group has consistently ranked top in terms of production capacity, output, and product quality. Following the recent expansion, its production capacity now exceeds 50% of the total national capacity, reinforcing its leading position in the industry. In April 2004, the Shenyang Municipal Government signed an agreement with China Bluestar to restructure Shenyang Chemical Group. By August of the same year, the 40,000-ton propylene oxide and polyether project was completed and started operations, generating over 600 million yuan in annual sales revenue and becoming a key growth driver for the company. Subsequently, Bluestar invested heavily in two major petrochemical projects: a 130,000-ton acrylic acid and ester plant and a 500,000-ton catalytic pyrolysis and ethylene production unit, with a total investment of nearly 5 billion yuan. The acrylic acid and ester project is expected to be completed and launched in the second half of 2006. Once operational, it will be the largest single-unit plant in China and rank second nationally in annual output, with projected sales exceeding 2 billion yuan. The heavy oil catalytic pyrolysis project is scheduled for completion in 2008, which is anticipated to bring the company’s total sales revenue to 4 billion yuan. These developments highlight Shenyang Chemical Group's growing influence and strategic importance within the broader chemical industry.

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